Other Current Assets

The following table sets forth the items in other current assets:



	March 31,		December 31,
	2017		2016
	(In millions)

Unrealized gains on derivative contracts	$	664	$	624
Deferred receivables consideration	298		540
Customer omnibus receivable	474		521
Financing receivables - net ⁽¹⁾	363		373
Insurance premiums receivable	617		648
Prepaid expenses	214		268
Tax receivables	401		480
Non-trade receivables ⁽²⁾	589		478
Other current assets	321		451
	$	3,941	$	4,383

⁽¹⁾ The Company provides financing to certain suppliers, primarily Brazilian farmers, to finance a portion of the suppliers’ production costs. The amounts are reported net of allowances of $7 million at March 31, 2017 and December 31, 2016. Interest earned on financing receivables of $7 million for the three months ended March 31, 2017 and $8 million for the three months ended March 31, 2016, is included in interest income in the consolidated statements of earnings.

⁽²⁾Non-trade receivables include $259 million and $223 million of reinsurance recoverables as of March 31, 2017 and December 31, 2016, respectively.